Samick Musical Instruments Q1 2026 Net Income Soars 4x; Shareholder Returns Continue
- Consolidated revenue KRW 70.4B (down 6.5% YoY from KRW 75.3B)
- Consolidated operating profit KRW 8.7B (up 40.3% YoY from KRW 6.2B)
- Net income attributable to parent KRW 21.1B (up 337.5% YoY from KRW 4.8B), EPS KRW 167
- Gains from FVTPL financial assets: KRW 4.8B net
- Treasury shares: 14,500,000 shares (16.02% of total), continued shareholder value policy
- Cash dividend of KRW 3.8B declared (for prior year); consecutive dividend maintained
- Short-term borrowings increased (KRW 71.7B→156.8B) but net debt decreased (KRW 51.5B→39.0B)
- Investment property fair value KRW 141.4B (separate basis)
- District energy segment strong (operating profit KRW 5.9B vs KRW 4.4B YoY)
- Musical instrument sales declined (KRW 27.3B vs 28.7B) but profitability improved
ADVERTISEMENT (250px+)
KOSPI Filing Information
- Filing: Quarterly Report (2026.03)
- Company: Samick Musical Instruments (002450)
- Submission: Samick Musical Instruments Co., Ltd.
- Receipt: 05-15-2026